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1118 N MAGNOLIA AVENUE

For Sale
$4,500,000

BTC: 70.10480357

ETH: 2,552.55425596

13 days
0 room(s)
45,345 sqft

Overview

Positioned in a highly functional industrial corridor, 1118 & 1120 N Magnolia Ave along with 1100 NW 1st Ave in Ocala offer a rare opportunity to lease or purchase scalable industrial footprint in Ocala. The property consists of approximately ±45,345 SF across four buildings on ±5.5 acres, featuring a flexible mix of warehouse, office, retail space, and laydown yard. Three of the four buildings are fire supressed, and the office/retail components are fully climate-controlled to support administrative and operational needs. The site is zoned M-1 (Light Industrial) and B-5 (Heavy Commercial), allowing for a wide range of uses including manufacturing, distribution, and outdoor storage. A key feature is the ±3.26-acre B-5 zoned laydown yard, providing ample space for equipment storage, fleet operations, or material stag-ing—an increasingly hard-to-find component in the Ocala market. Strategically located with convenient access to major transportation routes, this asset presents a strong opportunity for businesses looking to establish or expand their presence in the Ocala industrial market.

Location

Florida • OCALA • 34475 • For Sale

Details

Type:
Commercial Lease
Parking:
No Data
Year Built:
1956
Lot:
5.51 Acres
Heating:
No Data
Price/sqft:
$99
Cooling:
Other
HOA:
No Data

Highlights

Annual tax
$40,364
2025
All facts and features

  • Cooling

    • Other

  • Lot

    • Lot: 5.51 Acres

    Other Property Information

    • Parcel Number: 2572016003

    • Zoning: M1

  • Type and style

    • Property Type: Commercial Lease

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $40,365

  • Source details

    • MLS ID: OM725110

    Other facts

    • Construction Materials: Block / Metal Frame / Metal Siding

    • Foundation Details: Slab

    • Living Area: 45345

    • Subdivision Name: ALLREDS ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34475
157
median $286K
Active
Same city
OCALA
4,151
median $277K
Active
Similar price
$3.1M – $5.8M
36
median $4.0M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GUS GALLOWAY REALTY INC